Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Iowa City but actual income limits may differ for units at Capitol House Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $24,250 | $27,700 | $31,150 | $34,600 | $37,400 | $40,280 | $45,420 | $50,560 |
50% | $40,400 | $46,200 | $51,950 | $57,700 | $62,350 | $66,950 | $71,550 | $76,200 |
80% | $64,650 | $73,850 | $83,100 | $92,300 | $99,700 | $107,100 | $114,500 | $121,850 |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.